The gap between renting and buying has narrowed nationwide
The gap between renting and owning has seemed to narrow across the U.S. The fourth quarter of 2019 saw rising rents, record-low mortgage rates and fluctuating home prices, making purchasing a home during this time more do-able compared to last year. According to a report from realtor.com, it’s still more expensive to purchase a home than rent one in 84% of the nation’s larger counties.
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